Inaugural Award Recognizes Fastest-Growing Companies in Greater Philadelphia; SureShade Honored as Only Business in Manufacturing and Boating Industry Sectors
PHILADELPHIA, Pa. – September 23, 2016 – SureShade, the U.S. designer and manufacturer of retractable sunshade systems for the marine industry, was honored by the Philadelphia Business Journal in their inaugural award program “50 on Fire in Philly” as the #6 fastest-growing company in the Greater Philadelphia Region.
SureShade was the only business honored in the top 50 from both the manufacturing and boating industry sectors, touting a 73.4% two year average revenue growth.
Philadelphia Business Journal’s 50 on Fire in Philly list measured revenue growth over a three year period from 2013 to 2015, with revenue figures verified by accounting firm partner CliftonLarsonAllen LLP. The final list ranking came from averaging the percent change in revenue from 2013 to 2014 and the percent change from 2014 to 2015. Companies were required to be headquartered in Greater Philadelphia, have no parent company and have generated at least $750,000 in revenue in 2013 and at least $2 million in 2015 to qualify.
SureShade was also honored with the cover story for the Philadelphia Business Journal’s 50 on Fire special report issue where co-founders Ron and Dana Russikoff discuss how they turned their boat shade business into one of the area’s fastest-growing companies.
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“As an early-growth business, we’re thrilled to be recognized for our tremendous success as a Philadelphia-based manufacturer in the boating industry,” said Dana Russikoff, business leader and co-founder at SureShade. “Our company success was truly built on innovation, determination, patents, branding, and, most importantly a strong team.”
SureShade’s revenue growth is driven by increasing sales of their patented retractable sunshade systems year-over-year with both OEM factory installations and aftermarket sales worldwide. The company is currently featured as a factory option on over 65 boat models, adding at least 15-20 new models to their client portfolio each year.